Startup Montréal unveils inaugural Hypercroissance Québec cohort
This is first cohort since program’s creation alongside Montréal Inc.-Bonjour Startup Montréal merger.
Canadian Startup News
Maropost acquires Swedish AI startup Findify for over $4.45 million USD
Findify’s clients include Victoria Beckham, Pharell Williams, and a Kardashian.
Flare Systems eyes US expansion following $9.5 million Series A funding
Flare wants to offer enterprise-grade tools to mid-sized companies.
Legaltech unicorn Clio now also a centaur after hitting $100 million USD in ARR milestone
Amid glut of unicorns, Bessemer calls centaur status “true mark of an exceptional SaaS startup.”
Alberta government to invest $23 million for quantum hub at University of Calgary
The hub aims to create 26,000 jobs across Alberta by 2040.
1Password adds Shopify alum Erin Zipes as chief legal officer, doubling C-suite over past year
Zipes has experience scaling legal team, leading Shopify through IPO.
Orna raises over $1 million in seed funding to bolster AI-powered cybersecurity platform
Orna is working on using blockchain tech for secure data storage.
Delphia closes $60 million USD to improve AI-driven investment platform with user-owned data
Delphia taps into crypto as reward for users that provide data.
VirgoCX receives CSA exemption as parent company secures $10 million
As VirgoCX secures regulatory exemption in Canada, it eyes global expansion in Australia, UK.
Thin Air Labs secures $20 million in initial close of Prairie-focused venture fund
The Prairie tech firm has targeted $100 million for first fund.
Vybe Network raises $13.1 million CAD for Solana blockchain data infrastructure solution
Vybe aims to make it easy for anyone to access data on Solana.
IntelliSports raises $2.5 million for gamified fitness app PlayFitt
New York Jets’ guard bets on Montréal-made fitness video game.
Shopify shareholders approve increased voting power for CEO Tobi Lütke, 10-for-1 stock split
It’s still the Tobi Lütke show at Shopify.
PayShepherd closes $3.8 million CAD to fuel North American expansion of contractor billing solution
Calgary FinTech firm aims to spot billing mistakes before it’s too late.
Hopper rolls out new FinTech products as it aims to build a “travel super app”
CEO says FinTech products make B2B play more sticky.